RSI low/high Values: [ 25 - 75 ]
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AI Analysis of 8572.T
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ACOM CO.,LTD. stock downgraded to Buy Candidate
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 05, 2024 Gain 3.00% PDF

The ACOM CO.,LTD. stock price fell by -1.67% on the last day (Thursday, 28th Mar 2024) from JP¥408.40 to JP¥401.60. During the last trading day the stock fluctuated 2.20% from a day low at JP¥394.60 to a day high of JP¥403.30. The price has risen in 7 of the last 10 days and is up by 3.85% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -12 thousand shares and in total, 2 million shares were bought and sold for approximately JP¥700.87 million.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 11.98% during the next 3 months and, with a 90% probability hold a price between JP¥432.18 and JP¥458.17 at the end of this 3-month period.

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8572.T Signals & Forecast

The ACOM CO.,LTD. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately JP¥401.99. On a fall, the stock will find some support from the long-term average at approximately JP¥388.33. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -1.67%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for ACOM CO.,LTD. stock

ACOM CO.,LTD. finds support from accumulated volume at JP¥386.40 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved JP¥8.70 between high and low, or 2.20%. For the last week, the stock has had daily average volatility of 1.80%.

Our recommended stop-loss: JP¥383.80 (-4.43%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (8572.T) For The Upcoming Trading Day Of Friday 29th

For the upcoming trading day on Friday, 29th we expect ACOM CO.,LTD. to open at JP¥399.83, and during the day (based on 14 day Average True Range), to move between JP¥392.12 and JP¥411.08, which gives a possible trading interval of +/-JP¥9.48 (+/-2.36%) up or down from last closing price. If ACOM CO.,LTD. takes out the full calculated possible swing range there will be an estimated 4.72% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at JP¥402.00 (0.10%) than the support at JP¥386.40 (3.78%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is ACOM CO.,LTD. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for ACOM CO.,LTD. stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 2.087 Buy Candidate Downgraded

Predicted Opening Price for ACOM CO.,LTD. of Friday, March 29, 2024

Fair opening price March 29, 2024 Current price
JP¥399.83 ( 0.440%) JP¥401.60

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for 8572.T

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 408.53 1.73 %
R2 405.21 0.90 %
R1 403.16 0.388 %
Current price: 401.60
Support S1 396.51 -1.27 %
S2 394.46 -1.78 %
S3 391.13 -2.61 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 408.40 1.69 %
R2 404.30 0.672 %
R1 402.00 0.0996 %
Current price 401.60
Support S1 386.40 -3.78%
S2 372.30 -7.30%
S3 362.80 -9.66%

8572 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 28, 2024 Mar 28, 2024 Mar 28, 2024 JP¥0 0%
2 Sep 28, 2023 Sep 28, 2023 Sep 28, 2023 JP¥6.00 1.70%
3 Mar 30, 2023 Mar 30, 2023 Mar 30, 2023 JP¥5.00 1.57%
4 Sep 29, 2022 Sep 29, 2022 Sep 29, 2022 JP¥5.00 1.58%
5 Mar 30, 2022 Mar 30, 2022 Mar 30, 2022 JP¥4.00 1.24%

FAQ

What is the symbol for ACOM CO.,LTD. Stock and on which exchange is it traded?
The symbol for ACOM CO.,LTD. is 8572.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell ACOM CO.,LTD. Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for ACOM CO.,LTD. stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

How to buy ACOM CO.,LTD. Stock?
ACOM CO.,LTD. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ACOM CO.,LTD. Stock.

What's the current price of ACOM CO.,LTD. Stock?
As of the end of day on the 2024-03-28, the price of an ACOM CO.,LTD. (8572.T) share was JP¥401.60.

What is the 52-week high and low for ACOM CO.,LTD. Stock?
The 52-week high for ACOM CO.,LTD. Stock is JP¥409.90 and the 52-week low is JP¥315.00.

What is the market capitalization of ACOM CO.,LTD. Stock?
As of the 2024-03-28, the market capitalization of ACOM CO.,LTD. is 629.151B.

When is the next earnings date for ACOM CO.,LTD.?
The upcoming earnings date for ACOM CO.,LTD. is May 09, 2024.
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About ACOM CO.,LTD.

ACOM Acom Co., Ltd. engages in the loan, credit card, and loan guarantee businesses in Japan and internationally. The company operates through Loan and Credit Card Business, Guarantee Business, Overseas Financial Business, and Loan Servicing Business segments. It also provides installment and unsecured loan, money lending, and embedded finance services. The company was founded in 1936 and is headquartered in Tokyo, Japan.... 8572.T Profile

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